The Tax Administration Service (SAT) and the National Customs Agency of Mexico (ANAM) have announced that, in order to improve efficiency and help position the Tehuantepec Isthmus Interoceanic Corridor (CIIT) as a key point in commercial logistics, there will be “new facilities” for transporting goods by land and rail along this route.
In this regard, they stated that in the recently published First Resolution of Modifications to the General Rules of Foreign Trade for 2024, rule 4.6.28 was added, International Transit of Goods through the Tehuantepec Isthmus Interoceanic Corridor between the customs of Salina Cruz and Coatzacoalcos and vice versa.
This new rule will allow individuals or legal entities to take advantage of the facilities to transport their goods through the CIIT, making trade and the flow of goods more agile and efficient through land and rail transport, according to the bulletin from both federal offices.
Therefore, they indicated that they have promoted the modernization of road and rail infrastructure in various municipalities of Oaxaca and Veracruz.
CIIT will offer national and international cargo services, transportation, storage, packaging, and various logistical services, contributing to the trade, development, and economy of the region.
SAT and ANAM stated that these measures contribute to the Mexican government’s project aimed at improving the efficiency of goods transportation, positioning this route as a key point in commercial logistics, increasing the interest of global markets in mobilizing various products as a strategic, modern, efficient, and safe alternative.
CIIT under construction
The ports of Salina Cruz in Oaxaca and Coatzacoalcos in Veracruz are part of the logistics infrastructure that the CIIT project includes to support international movements of inputs or products from companies deciding to invest in development hubs or, in another market niche, as an interoceanic crossing point for goods.
Last year, the Mexican government added the ports of Dos Bocas in Tabasco and Puerto Chiapas as part of this same logistics infrastructure.
Currently, these four seaports serve the logistics demand of foreign trade activities of companies related to the chemical, petrochemical, plastics, construction supplies, and agricultural sectors, mainly.
The government’s plan is to attract between 1.3 and 1.4 million 20-foot containers (TEU) currently transiting from Asia and arriving at seaports in California, as well as the Panama Canal, which aim to reach the Midwest of the United States, a market of at least 11 million TEU.
The Tehuantepec Isthmus is the narrowest area of Mexican territory where 10 development hubs will be built, where the government will allow industrial park developers to make their real estate investments and thus attract production companies.
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